Who owns TD Synnex?

Unpacking Ownership of Distribution Giant TD Synnex

TD Synnex, a leading global IT distributor and solutions aggregator, boasts a complex yet fascinating ownership structure. Formed through the 2021 merger of Tech Data and Synnex, the resulting entity’s ownership reflects the contributions of both pre-merger companies. Contrary to what one might assume, the ownership isn’t a simple 50/50 split. Instead, it leans in favor of the former Synnex shareholders, who collectively retain a majority stake of 55%.

This majority stake represents the influence and value Synnex brought to the table during the merger. It empowers former Synnex shareholders with significant decision-making power within the combined organization.

Holding the remaining 45% is private equity behemoth Apollo Global Management. This stake originates from Apollo’s acquisition of Tech Data in 2020 for a hefty $5.4 billion. While not the majority shareholder, Apollo’s substantial investment and resulting ownership stake give it considerable influence within TD Synnex. This private equity involvement adds another layer of complexity to the ownership dynamics, potentially influencing the company’s strategic direction and long-term goals.

The 55/45 split between former Synnex shareholders and Apollo Global Management isn’t just a division of equity; it’s a representation of the combined forces that shaped TD Synnex. It highlights the enduring legacy of both original companies and sets the stage for a future driven by a blend of seasoned industry experience and private equity investment strategy. This nuanced ownership structure is a key factor to consider when analyzing TD Synnex’s trajectory and its role in the evolving landscape of IT distribution.